The cost of the average Blu-Ray player is coming down, but not fast enough for some people. The average cost is hovering around $350 and could be coming down below $300 soon. The technology is still being developed which could slow the process of bringing the price down. The recommendation is to wait till all the bugs are worked out before buying the player.
http://blogs.consumerreports.org/electronics/2008/04/low-cost-blu-ra.html
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Since HD dvd has gone away now I don't believe we will see the price of Blue Ray coming down anytime soon. Sony wants to make it luxury item right now. IE you want quality you have to pay the price for blue ray.
The first price drop "may" be at Christmas, where retailers may bundle blue ray with new TV purchases dropping the price $100 or so.
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